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Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’
10.11.2022
Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great number of exchange executives announcing that they...
OpenSea Makes Waves: Says Creator Royalties Will Be Enforced
10.11.2022
“The world is otherwise burning, but we decided this couldn’t wait,” a representative from OpenSea told CoinDesk
8 Days in November: What Led to FTX’s Sudden Collapse
9.11.2022
Financier and influencer Sam Bankman-Fried flew exceptionally high during the pandemic-driven crypto bull market. Here’s what led to his fall, and why it matters for the industry’s future
A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector
9.11.2022
Binance scrapping its acquisition of rival FTX could mean institutional investors deciding to pull some of their money out of the crypto industry
Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’
9.11.2022
Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoin’s white paper on Twitter on the document’s 14th birthday, Snowden had some words with Craig Wright, the man who claims to be Satoshi Nakamoto....
Market Wrap: Bitcoin, Other Cryptos Continue to Plummet
9.11.2022
The largest cryptocurrency by market capitalization was hurtling toward $16K amid the growing fallout from crypto exchange FTX’s collapse. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
SBF Warns FTX Investors of Bankruptcy Without More Cash: Bloomberg
9.11.2022
FTX is headed toward bankruptcy without a cash infusion
FTX Site Experiences Temporary Outage, Warns Users Not to Deposit
9.11.2022
FTX Blowup Puts Trove of Prized Bored Apes at Risk of Liquidation
9.11.2022
Yuga Labs, the NFT collective behind the majority of tokens held in the crypto empire’s wallet, has previously raised capital from FTX Ventures, though Alameda Research is in control of the wallet
With FTX Bloodied, Rival in US Regulatory Fight Adds Another Knife
9.11.2022
An old-guard rival of FTX from the derivatives markets sought to drive a stake through its heart as the crypto company struggled to save itself from financial disaster on Wednesday. A subsidiary of Cboe Global Markets Inc. sent a letter on Wednesday to its customers – addressed as the “crypto...
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
9.11.2022
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance has decided not to pursue the FTX acquisition....
Orthogonal Credit alleged key weaknesses in Alameda's due diligence early in 2022
9.11.2022
The firm pushed Maple Finance to halt Alameda's dedicated borrower pool earlier this year
The Downfall of Sam Bankman-Fried’s FTX: The Industry Reacts
9.11.2022
Alameda, In Eye of Crypto Storm, Takes $37M of Wrapped Bitcoin Off FTX.US Exchange
9.11.2022
The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm's holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain
StarkWare Launches Nonprofit Foundation to Fuel StarkNet Ecosystem
9.11.2022
The foundation becomes official with a stash of StarkNet Tokens and a seven-member board
Binance Walks Away From Deal to Acquire FTX
9.11.2022
A spokesperson for the crypto exchange said FTX's issues "are beyond our control or ability to help."
Why Is Crypto Tanking: The FTX-Binance Drama Explained
9.11.2022
The world’s largest crypto exchange, Binance, bailed out one of its major competitors, FTX, in an event that shocked the crypto industry and is catching the attention of regulators
Solana Blockchain Hit by FTX Tremors as Nearly $800M SOL Tokens Set to Be Unstaked
9.11.2022
The scheduled-to-be-unlocked SOL tokens represent around 15% of the token’s circulating supply
Maple Finance Lending Pool Delegate ‘Identified a Number of Key Weaknesses’ Tied to FTX’s Alameda Research
9.11.2022
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthogonal said through “due diligence” it “identified a number of key weaknesses” associated with...
FTX and Alameda Contagion Fears Tank NFT Markets
9.11.2022
Rumors of Alameda liquidating its Solana holdings are sending SOL’s price into free-fall; both Solana and Ethereum-based NFT markets are getting hit hard by the news